Tan Sri Dato' Seri Vincent Tan Conferred Malaysia's Philantrophist Award Ipam Announces New Head; Launches New Fund
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Berjaya Corporation Berhad’s Quarterly Newsletter - Issue 4, 2019 KDN No : PP 7432/02/2013(031932) TAN SRI DATO’ SERI VINCENT TAN CONFERRED MALAYSIA’S PHILANTROPHIST AWARD Tan Sri Dato’ Seri Vincent Tan Chee Yioun, Executive Chairman of Berjaya Corporation Berhad was conferred Malaysia’s Philanthropist Award at the Perdana Awards 2019 ceremony on 5 October 2019 at Hotel Istana Kuala Lumpur. At the ceremony, theSun was also presented with the Perdana Special Achievement Award for Print Media Excellence. The award ceremony was organised by the Malaysian Indian Entrepreneur Cooperative (“MIEC”) in collaboration with the Social Entrepreneurs Network. Tan Sri Dato' Seri Vincent Tan and Eddie Hoo, Managing Editor of theSun (right) Tan Sri Dato’ Seri Vincent Tan receiving the award from Mathuraiveran, MIEC Chairman (far right), Tan Sri Ramon with the Perdana Special Achievement Award for Print Media Excellence. Navaratnam, MIEC advisor (right). On the left is Datuk Bhupatrai M. Premji, MIEC advisor. IPAM ANNOUNCES NEW HEAD; LAUNCHES NEW FUND Inter-Pacific Asset Management Sdn Bhd (“IPAM”), a subsidiary of Berjaya Corporation Berhad, announced the appointment of economist, Dato’ Dr Nazri Khan, as its new Head on 30 November 2019 during the Menang Saham Bersama DDNK Mega Seminar at Ideal Convention Centre, Shah Alam, Selangor, which attracted more than 5,000 participants. IPAM also launched a new fund, the InterPac Capital Preservation and Growth Fund ("ICPG Fund"), a wholesale mixed assets fund which seeks to provide capital preservation, consistent income and growth. The ICPG Fund is suitable for sophisticated investors who have a medium to long term investment horizon. Tan Sri Dato’ Seri Vincent Tan, Executive Chairman of BCorp (centre) with Dato’ Sri Robin Tan, CEO of BCorp and Dato’ Dr Nazri Khan during the launch. B. Youth 2019 has been a great year for the Group, despite some challenges along the way. I would like to congratulate Tan Sri Dato’ Seri Vincent Tan, our Founder and Executive Chairman on his conferment of the Malaysia’s Philanthropist Award at the Perdana Awards 2019. Berjaya Corporation was also awarded the Malaysia Retail Chain Association (MRCA) Billion Ringgit Recognition Award for its outstanding performance in the industry and the HR Best Practices Awards for Leadership Pipeline Development Practices. Our operating companies have also won several awards and recognition during the quarter, and 2 companies have attained international accreditations. AMITA KUB-Berjaya Kitar obtained its first ISO certifications for Quality Management System and Environmental Management System in September for the Provision of Scheduled Waste Management and Transportation. Sports Toto Malaysia Sdn Bhd attained the World Lottery Association Security Control Standard:2016 (WLA-SCS:2016) certification in December 2019. This certification is the only internationally recognised security standard for number forecast operators worldwide. Berjaya Hotels and Resorts added on another overseas hotel with the official opening of ANSA Okinawa Resort in Japan. In November, Starbucks opened its 2nd signing store in Penang and marked its 300th store in Malaysia with the opening of Starbucks Reserve Bukit Bintang Junction. Employees of our operating companies continued to bring joy to the underprivileged groups through various visits and contributions during the Deepavali and Christmas seasons. I would like to take this opportunity to express my gratitude to all Berjaya employees for your hard work and diligent efforts throughout the year. May the Year 2020 bring you good health and prosperity, as well as opportunities for further growth and achievements. Dato’ Sri Robin Tan Performance of Companies for the 1st Financial Quarter Ended 30 September 2019 (unaudited) Company Revenue Profit/(Loss) Before Tax Revenue Profit/(Loss) Before Tax 3 Months Ended 3 Months Ended 3 Months Ended 3 Months Ended 30 September 2019 (RM’000) 30 September 2019 (RM’000) 30 September 2019 (RM‘000) 30 September 2019 (RM’000) Berjaya Corporation Berhad 2,071,045 (14,101) 2,071,045 (14,101) Berjaya Land Berhad 1,575,925 37,754 1,575,925 37,754 Berjaya Sports Toto Berhad 1,436,898 67,939 1,436,898 67,939 Berjaya Food Berhad 180,435 4,578 180,435 4,578 REDtone International Berhad 56,906 8,851 56,906 8,851 Berjaya Media Berhad 4,993# (2,779)# 9,987## (5,815)## Berjaya Assets Berhad 72,973 2,267 72,973 2,267 7-Eleven Malaysia Holdings Berhad 594,159* 16,975* 1,766,669** 42,717** # 2nd Financial Quarter ended 31 October 2019 * 3rd Financial Quarter ended 30 September 2019 ## 6 months ended 31 October 2019 ** 9 months ended 30 September 2019 BCORP WINS HR BEST PRACTICES AWARD On 29 November 2019, Berjaya Corporation Berhad (“BCorp”) won the Gold category of the HR Best Practices Award for Leadership Pipeline Development practices at the prestigious Malaysia Institute of Human Resource Management’s (“MIHRM”) 19th Malaysia International HR Awards 2019 Dinner & Award Presentation at Hotel Istana Kuala Lumpur. The Malaysia HR Awards is a national event with an international status and global recognitions. Group Human Resource & Administration team (from left) - Laurence Yap, Yvonne Pee, Grace Chan, Yong Chai Ming and E Son Lee. BeritaJaya Issue 4, 2019 / 2 Corporate News BERJAYA RECEIVES MRCA BILLION RINGGIT RECOGNITION AWARD Berjaya Corporation Berhad received the MRCA Billion Ringgit Recognition Award for its outstanding performance in the industry, at the Malaysia Retail Chain Association 27th Anniversary Dinner held on 1 November 2019 at One World Hotel, Petaling Jaya. Dato’ Zurainah Binti Musa (fourth from right), Executive Director of Berjaya Corporation Berhad receiving the award from Datuk Seri Garry Chua (third from left), President of Malaysia Retail Chain Association witnessed by YB Datuk Seri Mohd Redzuan Md Yusof (fourth from left), Minister of Entrepreneur Development. DEPUTY MINISTER OF URBAN WELLBEING, HOUSING AND LOCAL GOVERNMENT VISITS BUKIT TAGAR SANITARY LANDFILL On 3 May 2019, YBM Senator Dato’ Raja Kamarul Bahrin Shah, Deputy Minister of Urban Wellbeing, Housing and Local Government visited the Bukit Tagar Sanitary Landfill (“BTSL”). The Deputy Minister and his entourage were given a brief overview on BTSL by Chock Eng Tah, Managing Director of KUB-Berjaya Enviro Sdn Bhd (“KBE”), followed by a visit to its 3 different sites which consist of the Renewable Energy Station, Landfill and Leachate Treatment Plant. The purpose of the visit was for KBE to present top-notch innovations and technologies adopted by BTSL. Chock Eng Tah (2nd from right) explaining the overall development of BTSL to YBM Senator Dato’ YBM Senator Dato’ Raja Kamarul, Chock Eng Tah and BTSL staff during the visit. Raja Kamarul. 3 / BeritaJaya Issue 4, 2019 Human Resource GROUP HR & ADMIN VISITS BUKIT TAGAR SANITARY LANDFILL On 7 November 2019, Group Human Resource & Administration (“Group HR & Admin”) visited the Bukit Tagar Sanitary Landfill, to engage with the employees and understand their business operations. The half-day networking visit was a fruitful and insightful information-exchange session. The Group HR & Admin team went on a site tour of the landfill and learnt interesting facts about waste treatment. Group HR & Admin with Fatimi, Deputy General Manager, KUB-Berjaya Enviro Sdn Bhd (6th from left). Briefing on Waste Treatment Systems to the visitors. NEW EMPLOYEE #LLLOL TALK ORIENTATION SERIES 3 & 4 Group Human Resource & Administration organised 3 orientation sessions The Learning & Organisational Development team organised two #LLlol Talks on 8 July 2019, 20 September 2019 and 3 December 2019 to officially on 10 July 2019 and 18 September 2019. #LLlol Talk Series 3 saw Michael welcome 48 new employees into the Berjaya family. The full day sessions, Teoh, Malaysia’s Youth National Icon inspiring the audience with the sharing filled with interactive activities and information, allowed the new employees of his personal story on his ups and downs in life. The speaker at #LLlol Talk to learn about Berjaya as a whole, from Berjaya’s background and values, Series 4 was Mohamed Syairoz bin Mohamed Odman of Strategic Relations business entities, past events and achievements to HR systems/policies and who helped the audience to learn about the power of body language through current events. his talk “Your Body Speaks”. Participants enjoying the #LLlol Talk Snapshots of the new employees at the orientation sessions. Michael Teoh (right) and Mohamed Syairoz engaging with the audience. BeritaJaya Issue 4, 2019 / 4 Human Resource Participants during B.MDP Module 4 : Coaching & Participants with their mentors during B.MDP Module 5 : Participants after the B.MDP individual presentation. Mentoring. Professional Communication. B.EDP & B.MDP BATCH V Batch V of the Berjaya Executive Development Programme (“B.EDP”) and Berjaya Manager Development Programme (“B.MDP”) graduated on 28 November 2019, after an 8-month learning expedition. About 100 guests attended the graduation ceremony, graced by Dato’ Sri Robin Tan, CEO of Berjaya Corporation Berhad (“BCorp”). This year, the special awards recipients were: B.EDP: a) Overall Excellence: Lee Chien Chien, Group Internal Audit b) Emerging Leader: Wayne Lim Teck Fatt, Sports Toto (M) Sdn Bhd c) Avidity: Ivy Lee Veon Thing, Berjaya Roasters (M) Sdn Bhd Brainstorming activity during B.EDP Module 4 : Self-Leadership & Teamwork. d) Best Learning Attitude: Nornekmah Binti Abu Bakar, Berjaya Guard Services Sdn Bhd e) Best Presenter: Muhammad Khairul Nizam Bin Khairuddin, Berjaya Roasters (M) Sdn Bhd B.MDP: a) Overall Excellence: Wong Tsen Khiong, Group Internal Audit b) Inspirational Leader: Adi Fisfaisal Bin Norbasha, Berjaya Starbucks Coffee Company Sdn Bhd c) Best Team Player: Melissa Wong Siew Hua, Corporate Communications d) Best Learning Attitude: Yuzrinoor Bin Abdul Latif, U Mobile Sdn Bhd e) Best Presenter: Chiang Kit Min, Cosway (M) Sdn Bhd f) Best Group Project: Team Bravo (Wong Tsen Khiong, Mohd. Arif Bin Zulkafeli @ Zulkifle, Chow Siew Fong, Alex Lee Soon Peng, Fong Fui Ying, Jocelyn Chong Sook Fang) Participants after the B.EDP individual presentation.